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Bank of the West BSA/AML Advanced Analytics, Manager in Omaha, Nebraska

BSA/AML Advanced Analytics, Manager


At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.


Responsible for providing oversight and direction onmodeling, analytics, and reporting related to BSA/OFAC compliance. Leadsongoing development of in-house analytical techniques (e.g., statisticalmodeling and data mining) as well as enhancements of vendor supported systemsand promotion to deploy effective logics/algorithms in risk identification andmitigation. This includes analyticsrelated to BSA/OFAC transaction monitoring (including tuning and optimization,implementation and monitoring), and risk detection and profiling processes.Supervises a professional staff and provides both strategic and operationaldirection in their assigned responsibilities, as well as in the design andexecution of large/complex projects. Ensures a risk-based approach in identifying and completing projectsusing varied research/analytical/modeling techniques, automated systems and varioussources of information. Ensures adequate support is provided on highlysensitive projects (e.g., regulatory exams, conducting BSA due diligence forbank acquisitions/mergers, the development or deployment of detective systems,etc.) The position is in Bank of the West Enterprise Risk Intelligence Group.

Essential Job Functions

  1. Provides oversight and direction on modeling,analytics, risk and operational reporting, and systems support for BSA/OFACcompliance.

  2. Promotes a robust analytical functionfor risk detection, profiling, and mitigation.This includes leveraging advanced analytical techniques (such asstatistical modeling and data mining) and technology to improve risk detectionand operational efficiency.

  3. Oversees the analytics related to the tuningand optimization of transaction monitoring process, and develops and maintainsan effective model governance program that meets regulatory requirements. Thisincludes the administration of governance over all tuning and optimization ofmodels and business rules used in BSA/OFA compliance.

  4. Ensures timely and accurate MISreporting for BSA/OFAC operations to Senior Management, Committees, and theBoard.

  5. Provides strategic technology directionand leadership to business partners and the IT department.

  6. Ensures staff receives necessarytraining and developmental experience to obtain subject matter expertise intheir area of BSA/OFAC compliance and in the application of analyticaltechniques and tools.

  7. Serves as the point of contact forexaminations and audits in all areas of responsibility.



Required Education or Equivalent Experience

  • Bachelor’s Degree

  • Master’s/Advanced Degree inStatistics, Econometrics, Mathematics, Operational Research, IndustrialEngineering or other quantitative field; PhD preferred


  • Years offunctional/professional experience: Minimum of seven years of experiencein the fields of statistical analysis and quantitative model development

  • Years of supervisory ormanagerial experience: Minimum of three years of supervisory or managerialexperience.

  • Alternative:Combination of education and experience(years /description) PhD with seven years directly related professionalexperience

Technical/AdministrativeSkills/ Other Information

  • Substantial experience andexpertise using statistics/statistical analysis and developing of advancedstatistical models; general understanding of statistical sampling theory

  • Considerable experienceusing SAS, R, MATLAB, or other statistical software

  • Considerable experience workingwith large quantities of data, including data manipulation, dataprofiling, data visualization, and performing statistical analysis on data.Experience with SQL is a plus.

  • A minimum of one year ofexperience performing quantitative BSA/AML analysis or validation

  • Excellent interpersonalabilities including superior oral and written communication skills withsignificant experience writing technical documents for diverse audiences

  • Demonstrated success in managinga small team

  • BSA/AML, Banking, Regulatoryor Consulting experience preferred

Equal Employment Opportunity Policy

Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.

Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.

Job: Risk Management

Location: United States-Arizona-Tempe

Other Locations: United States-Nebraska-Omaha

Requisition ID: 052603